Coppertech Industries Ltd. announcements
107 Dhaka Stock Exchange announcements for Coppertech Industries Ltd. (COPPERTECH) since 2021: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2022 (25).
- Resumption after record date
Trading of the shares of the Company will resume on 22.12.2022 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 21.12.2022.
- Spot for entitlement of 4% Stock Dividend
Trading of the shares of the Company will be allowed only in the Spot Market and Block transactions will also be settled as per Spot settlement cycle with cum benefit from 19.12.2022 to 20.12.2022. Trading of the shares of the Company will remain suspended on record date i.e., 21.12.2022.
- BSEC Consent and Record date for entitlement of 4% Stock Dividend
The Company has further informed that BSEC has accorded consent for issuance of 4% Stock Dividend for the year ended June 30, 2022. The Company has also informed that the Board of Directors has fixed the Record date on 21.12.2022 for entitlement of the aforesaid Bonus Shares.
- Resumption after record date
Trading of the shares of the Company will resume on 22.11.2022 after record date.
- Suspension for Record date
Trading of the shares of the Company will remain suspended on record date i.e., 21.11.2022.
- Spot News
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 17.11.2022 to 20.11.2022. Trading of the shares of the Company will remain suspended on record date i.e., 21.11.2022.
- (Q1 Un-audited): EPS was Tk. 0.17 for July-September 2022 as against Tk. 0.31 for July-September 2021; NOCFPS was Tk.0.6
(Q1 Un-audited): EPS was Tk. 0.17 for July-September 2022 as against Tk. 0.31 for July-September 2021; NOCFPS was Tk.0.65 for July-September 2022 as against Tk. 1.10 for July-September 2021. NAV per share was Tk. 13.53 as on September 30, 2022 and Tk. 13.37 as on June 30, 2022. (cont.)
- Q1 Financials
(Continuation news of COPPERTECH): Reasons for significant deviation: EPS has been decreased due to price hike of materials, vulnerable market condition and devaluation of BDT against foreign currencies, especially US Dollars. In addition, the Russia's invasion of Ukraine has hampered the prospects of Post Pandemic recovery, higher inflation around the globe which leads to decrease purchase capacity of consumers and adversely influenced the overall profitability of the company. (end)
The first part of this announcement is missing from the archive. - Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the company has informed that a meeting of the Board of Directors will be held on November 12, 2022 at 7:00 PM to consider, among others, un-audited financial statements of the company for the First Quarter (Q1) period ended September 30, 2022.
- (Continuation news of COPPERTECH): for entitlement of stock dividend will be notified later after obtaining approval fro
(Continuation news of COPPERTECH): for entitlement of stock dividend will be notified later after obtaining approval from BSEC. The Company has also reported EPS of Tk. 1.78, NAV per share of Tk. 13.35 and NOCFPS of Tk. 2.39 for the year ended June 30, 2022 as against Tk. 1.02, Tk. 12.08 and Tk. 1.66 respectively for the same period of the previous year. Reasons for deviation in EPS and NOCFPS: EPS has been increased due to increased revenue. (cont. 2)
The first part of this announcement is missing from the archive. - (Continuation news of COPPERTECH): NOCFPS has been increased significantly due to increased collection. Reasons for decl
(Continuation news of COPPERTECH): NOCFPS has been increased significantly due to increased collection. Reasons for declaration of stock dividend: a) the Board has considered to retain the stock dividend amount for reinvestment in profitable products manufacturing; b) the stock dividend or bonus shares has declared from the current year\'s profit; c) the stock dividend or bonus shares has not declared i) from the accumulated profit or retained earnings; (cont. 3)
The first part of this announcement is missing from the archive. - Board of Directors has recommended 4\% cash dividend except sponsors/directors and 4\% stock dividend for the year ended
Board of Directors has recommended 4\% cash dividend except sponsors/directors and 4\% stock dividend for the year ended June 30, 2022. The stock dividend is subject to approval of BSEC. Sponsors/Directors hold 18.94 million shares and general shareholders hold 44.058 million shares. Gross dividend of Tk. 176, 23,200.00 is payable to general shareholders. Date of AGM: 19.01.2023, Time: 10:30 AM, Venue: Digital Platform. Record Date: 21.11.2022 for entitlement of cash dividend and another record date (cont.1)
- Dividend Declaration
(Continuation news of COPPERTECH): and ii) from capital reserve or revaluation reserve or any unrealized gain or profit earned prior to incorporation of the company or through reducing paid up capital; iii) as the stock dividend or bonus shares has been declared complying the above, the post dividend retained earnings will not be negative or debit balance. (end)
The first part of this announcement is missing from the archive. - Price Limit Open
There will be no price limit on the trading of the shares of the Company today (30.10.2022) following its corporate declaration. However, as per the BSEC Order No. BSEC/CMRRCD/2001-07/39 dated July 28, 2022, the floor price shall be applicable accordingly.
- Board Meeting schedule under LR 19(1)
As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on October 27, 2022 at 6:00 PM to consider, among others, audited financial statements of the Company for the year ended June 30, 2022.
- ARGUS Credit Rating Services Limited (ACRSL) has rated the Company as \"BBB+\" in the long term and \"ST-3\" in the shor
ARGUS Credit Rating Services Limited (ACRSL) has rated the Company as \"BBB+\" in the long term and \"ST-3\" in the short term along with a stable outlook based on audited financials of the Company up to June 30, 2021, un-audited financial statements ending March 31, 2022 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Q3 Financials
(Q3 Un-audited): EPS was Tk. 0.68 for January-March 2022 as against Tk. 0.30 for January-March 2021; EPS was Tk. 1.49 for July 2021-March 2022 as against Tk. 0.78 for July 2020-March 2021. NOCFPS was Tk. 2.89 for July 2021-March 2022 as against Tk. 2.05 for July 2020-March 2021. NAV per share was Tk. 13.08 as on March 31, 2022 and Tk. 12.08 as on June 30, 2021.
- Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on April 26, 2022 at 2:30 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended March 31, 2022.
- Dividend Disbursement
The Company has informed that it has disbursed the cash dividend for the year ended June 30, 2021 to the respective shareholders.
- (Q2 Un-audited): EPS was Tk. 0.51 for October-December 2021 as against Tk. 0.35 for October-December 2020; EPS was Tk. 0
(Q2 Un-audited): EPS was Tk. 0.51 for October-December 2021 as against Tk. 0.35 for October-December 2020; EPS was Tk. 0.82 for July-December 2021 as against Tk. 0.49 for July-December 2020. NOCFPS was Tk. 2.01 for July-December 2021 as against Tk. 1.18 for July-December 2020. NAV per share was Tk. 12.90 as on December 31, 2021 and Tk. 12.08 as on June 30, 2021. (cont.)
- Q2 Financials
(Continuation news of COPPERTECH): EPS: During the period, turnover has been increased by 38.08%. Whereas operating expenses increased less than percentage of turnover. Which impact on net profitability. NOCFPS increased due to increase of sales revenue. (end)
The first part of this announcement is missing from the archive. - Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on January 29, 2022 at 4:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended December 31, 2021.
- Category Change
The Company has been placed in 'B' category from existing 'A' category with effect from January 17, 2022 as the Company has approved 5% cash dividend for the year ended on June 30, 2021.
- Agreement signed with Mohammadi Electric Wires & Multi Products Ltd.
The Company has informed that Coppertech Industries Limited has signed an agreement with Mohammadi Electric Wires & Multi Products (MEP) Ltd. for the supply of Copper Wire. Considering the prevailing market price the value of the supply under the agreement will be minimum of Tk. 52.00 (fifty two) Crore in a year.
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.